Carver Roboweld (545015) Q4 22/23 earnings summary

Executive summary

• FY23 revenue from operations was ₹178.435m; net profit fell to ₹2.622m from ₹4.742m YoY.

• Operating cash flow was negative ₹29.765m, while investing outflow of ₹39.093m was funded alongside ₹66.196m net financing inflow.

Financial highlights

• Revenue from operations rose to ₹178.435m from ₹128.908m; total income was ₹191.282m versus ₹130.237m.

• EBITDA was ₹27.887m versus ₹24.307m; profit before tax fell to ₹4.069m from ₹6.511m.

• Net profit was ₹2.622m versus ₹4.742m; current tax was ₹1.247m and deferred tax expense ₹0.200m.

• Raw material costs increased to ₹98.032m from ₹48.837m; inventory variation contributed income of ₹12.678m versus ₹1.215m.

Key financial ratios and metrics

• Basic EPS was ₹2.75 versus ₹4.97; weighted-average equity shares were 955,000.

• Depreciation and amortisation expense was ₹9.979m versus ₹7.779m; finance costs were ₹13.911m versus ₹10.112m.